About 29 companies from Gujarat have made their way to the India's Top 500 Companies' report released by Dun & Bradstreet. This list includes the companies belonging to Adani Group, Torrent Group and a host of state-government run companies.

The ranking was done on the basis of various parameters such as total income, net profit and net worth, stated an official release from D&B on Tuesday.

Speaking about the report, Mr. Kaushal Sampat, President & CEO – India, Dun & Bradstreet said “Despite subdued consumption demand and inflationary pressures that persisted during FY14, the Top 500 Companies managed to show modest 8% growth in their top line earnings during first nine months of FY14 as compared to the same period previous year. On the profitability front, margins declined marginally from 7.5% during 9M FY13 to 7% during 9M FY14.

According to the study, 288 companies featuring in India’s Top 500 Companies account for more than 10% of India’s total employment in organized sector. In addition to this they also contribute 20% to the country’s GDP. The report also reveals that India’s Top 500 Companies are resulting for about 30% of India’s total exports helping in building brand India in the global arena.